The Defiance Quantum ETF (NASDAQ:QTUM) Short Interest Update

The Defiance Quantum ETF (NASDAQ:QTUM) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 234,093 shares, a decrease of 37.7% from the December 31st total of 375,756 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 505,387 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 505,387 shares, the short-interest ratio is presently 0.5 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On Defiance Quantum ETF

Several hedge funds have recently modified their holdings of the stock. High Point Wealth Management LLC acquired a new stake in shares of Defiance Quantum ETF during the 4th quarter valued at approximately $575,000. Nadler Financial Group Inc. raised its position in Defiance Quantum ETF by 94.1% during the fourth quarter. Nadler Financial Group Inc. now owns 3,785 shares of the company’s stock valued at $415,000 after acquiring an additional 1,835 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in Defiance Quantum ETF by 2.9% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 4,069 shares of the company’s stock worth $446,000 after buying an additional 116 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Defiance Quantum ETF by 1.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,482 shares of the company’s stock valued at $1,149,000 after acquiring an additional 190 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Defiance Quantum ETF by 70.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,152 shares of the company’s stock worth $784,000 after purchasing an additional 2,962 shares during the last quarter.

Defiance Quantum ETF Trading Down 2.7%

NASDAQ:QTUM traded down $3.20 during midday trading on Friday, reaching $115.89. The company had a trading volume of 460,505 shares, compared to its average volume of 482,375. The stock’s fifty day simple moving average is $113.43 and its 200-day simple moving average is $106.01. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 24.34 and a beta of 1.20. Defiance Quantum ETF has a 12-month low of $62.70 and a 12-month high of $121.34.

Defiance Quantum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were given a $0.4452 dividend. The ex-dividend date of this dividend was Monday, December 29th.

About Defiance Quantum ETF

The Defiance Quantum ETF (QTUM) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an adjusted-equal-weighted index of companies involved in the research and development of quantum computers. QTUM was launched on Sep 5, 2018 and is managed by Defiance.